UGI Corp (UGI) Shares Bought by Advisor Group Inc.

Advisor Group Inc. raised its position in UGI Corp (NYSE:UGI) by 25.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 8,505 shares of the utilities provider’s stock after acquiring an additional 1,719 shares during the quarter. Advisor Group Inc.’s holdings in UGI were worth $400,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Cerebellum GP LLC acquired a new stake in UGI in the 4th quarter worth about $123,000. Tower Research Capital LLC TRC boosted its holdings in UGI by 133.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,656 shares of the utilities provider’s stock worth $172,000 after buying an additional 2,090 shares during the last quarter. Kistler Tiffany Companies LLC boosted its holdings in UGI by 41.6% in the 4th quarter. Kistler Tiffany Companies LLC now owns 4,224 shares of the utilities provider’s stock worth $198,000 after buying an additional 1,242 shares during the last quarter. Unio Capital LLC acquired a new stake in UGI in the 4th quarter worth about $216,000. Finally, Acropolis Investment Management LLC acquired a new stake in UGI in the 4th quarter worth about $248,000. Institutional investors own 78.14% of the company’s stock.

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In other UGI news, insider Roger Perreault acquired 2,270 shares of the firm’s stock in a transaction that occurred on Wednesday, February 7th. The shares were purchased at an average cost of $43.97 per share, for a total transaction of $99,811.90. Following the completion of the acquisition, the insider now owns 21,049 shares of the company’s stock, valued at approximately $925,524.53. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John L. Walsh sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, March 16th. The shares were sold at an average price of $43.84, for a total value of $1,096,000.00. Following the completion of the transaction, the chief executive officer now owns 468,166 shares in the company, valued at $20,524,397.44. The disclosure for this sale can be found here. Insiders own 2.36% of the company’s stock.

Several research analysts have recently weighed in on UGI shares. Zacks Investment Research upgraded UGI from a “hold” rating to a “buy” rating and set a $49.00 target price on the stock in a report on Saturday. Bank of America restated a “buy” rating on shares of UGI in a report on Tuesday, February 27th. Citigroup lowered their target price on UGI from $49.00 to $48.00 and set a “neutral” rating on the stock in a report on Tuesday, March 27th. Finally, Barclays restated a “sell” rating and set a $47.00 target price on shares of UGI in a report on Friday, February 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. UGI has a consensus rating of “Hold” and an average price target of $47.50.

Shares of UGI stock opened at $44.42 on Monday. The company has a market cap of $7,685.28, a PE ratio of 19.40, a P/E/G ratio of 2.15 and a beta of 0.62. UGI Corp has a 1-year low of $42.51 and a 1-year high of $52.00. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.85 and a current ratio of 0.98.

UGI (NYSE:UGI) last issued its earnings results on Wednesday, January 31st. The utilities provider reported $1.01 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.93 by $0.08. The business had revenue of $2.15 billion for the quarter, compared to analysts’ expectations of $1.87 billion. UGI had a return on equity of 10.88% and a net margin of 8.71%. The business’s revenue for the quarter was up 28.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.91 EPS. analysts expect that UGI Corp will post 2.58 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Sunday, April 1st. Stockholders of record on Thursday, March 15th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.25%. The ex-dividend date was Wednesday, March 14th. UGI’s dividend payout ratio is currently 43.67%.

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UGI Company Profile

UGI Corporation is a holding company. The Company distributes, stores, transports and markets energy products and related services. It operates through six segments. The AmeriGas Propane segment consists of the propane distribution business of AmeriGas Partners, L.P. The UGI France segment consists of the French LPG distribution business of its subsidiaries, Antargaz, Finagaz and its liquefied petroleum gases (LPG) distribution businesses.

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Institutional Ownership by Quarter for UGI (NYSE:UGI)

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